Facebook has renewed its Hyderabad office space lease for Rs 2.8 crore monthly payment across two separate transactions, as per registration documents sourced by Propstack.
According to the report, the total office space is 3.7 lakh sq feet, located in The Skyview in Hitech City, Hyderabad, one of the prime IT corridors in the city.
The company earlier paid Rs 65.7 lakh rent for 84.053 sq ft for the transaction, which was renewed in December. Before that, in another renewal transaction, the company paid Rs 2.15 crore monthly rent for 2.8 lakh sq ft.
The total lease period for the new deed is five years, for which the company has paid a security deposit of Rs 16.8 crore. The rent will be escalated by 15 per cent from January 2026 onwards, according to the documents. Facebook did not respond to the news portal's email query till the time of publishing.
